Investors looking to benefit from tax-efficient Venture Capital Trusts (VCTs) this tax year need to move quickly, as many offers are already fully subscribed and final deadlines are fast approaching.
Alex Davies, Founder and CEO of Wealth Club said,“Many popular VCT offers have already sold out.
Among those to close in the last week are the Albion VCTs, which raised £80 million, Molten Ventures VCT which raised £6.7 million and Unicorn AIM VCT which raised £25 million. What’s left is going fast.
It’s not uncommon for investors to leave ISA top-ups to the last minute. But that doesn’t work with VCTs.
While the tax year officially ends on Saturday, 5th April, VCT offers have deadlines of 4th April or earlier.
If you want to invest in a VCT, you should act now. There’s strong demand, limited capacity, and the clock is ticking.”
Wealth Club’s Top 3 VCT Picks Still Open:
- Pembroke VCT – £14 million capacity remaining
Pembroke is a generalist VCT, albeit with a strong track record backing premium consumer brands. Past successes include backing ME+EM and Pasta Evangelists. The VCT’s largest holding, LYMA, has developed a medical-grade laser for skincare that was named one of TIME Magazine’s 2023 inventions of the year.
Investment Deadline: 4 April 2025 (noon) for the 2024/25 tax year.
- Puma VCT 13 – £20 million capacity remaining
Puma VCT 13 focuses on more mature, scale-up opportunities across various sectors. Net assets of £152.9 million are invested in a portfolio of 21 unquoted companies. The VCT’s larger positions include Influencer, a leading influencer marketing platform, and Aveni, which provides speech analytics technology to the financial services industry.
Investment Deadline: 4 April 2025 (11am) for the 2024/25 tax year.
- ProVen VCTs – £11.5 million capacity remaining
The Proven VCTs are unusual in that manager Beringea has operations on both sides of the Atlantic. That has been useful for portfolio companies looking to expand in the US. The VCT’s back a wide range of companies, and have had some notable exits including ecommerce company Watchfinder and EV charging provider Chargemaster. With over £330 million in assets, the VCTs offer a mature, well-diversified portfolio, including London lunch destination Farmer J and alcohol free beer brand Lucky Saint.
Investment Deadline: 3 April 2025 (5pm) for the 2024/25 tax year.
Wealth Club was set up in 2016 by former Hargreaves Lansdown director Alex Davies. The aim was to make it easier for investors to find authoritative information on – and invest in – tax-efficient investments (VCTs, EIS, SEIS and AIM IHT ISAs).
Today we are the UK’s largest non-advisory investment service of its kind. Over 65,000 are now members and circa 13,000 investors have invested more than £1.5+ billion through us.
We are the UK’s largest broker of tax-efficient investments.
We have also launched our own Managed Portfolios to help wealthier and more experienced investors make more of their mainstream investments (ISA, SIPP and General Investment Account, or GIA).
And, in 2024, we were the first to offer a supermarket for private markets funds for private investors (provided you can qualify as High Net Worth or Sophisticated).
